MCLEAN, Va., Oct. 10, 2012 /PRNewswire/ -- Gladstone
Investment Corporation (NASDAQ: GAIN) (the "Company") announced
today that its board of directors declared monthly cash
distributions:
(Logo:
http://photos.prnewswire.com/prnh/20101005/GLADSTONEINVESTMENT
)
$0.050 per share of common stock
for each of October, November and December
2012, payable per Table 1 below. The Company has paid
87 consecutive monthly cash distributions on its common stock as
well as a bonus dividend payment in March
2012.
Table 1: Summary Table for Common
Stock cash distributions for the quarter ending December 31, 2012:
|
Declaration Date
|
Ex-Dividend Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
October
10
|
October
18
|
October
22
|
October
31
|
$
0.05
|
|
October
10
|
November 15
|
November 19
|
November 30
|
$
0.05
|
|
October
10
|
December 17
|
December 19
|
December 31
|
$
0.05
|
|
Total
for the Quarter:
|
$
0.15
|
$0.1484375 per share of the
Company's 7.125% Series A Cumulative Term Preferred Stock ("Term
Preferred Stock") for each of October, November and December 2012, payable per Table 2 below. The
Term Preferred Stock trades on the NASDAQ under the symbol
"GAINP."
Table 2: Summary Table for Term
Preferred Stock cash distributions for the quarter ending
December 31, 2012:
|
Declaration Date
|
Ex-Dividend Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
October
10
|
October
18
|
October
22
|
October
31
|
$
0.1484375
|
|
October
10
|
November 15
|
November 19
|
November 30
|
$
0.1484375
|
|
October
10
|
December 17
|
December 19
|
December 31
|
$
0.1484375
|
|
Total
for the Quarter:
|
$
0.4453125
|
The Company offers a dividend reinvestment plan (the "DRIP") to
its common stockholders. For more information regarding the DRIP,
please visit www.gladstoneinvestment.com.
Gladstone Investment Corporation is a publicly traded business
development company that seeks to make debt and equity investments
in small and mid-sized businesses in the
United States in connection with acquisitions, changes in
control and recapitalizations. Information on the business
activities of all the Gladstone
funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly
dividend paying Gladstone funds,
please visit www.gladstone.com.
SOURCE Gladstone Investment Corporation